A project can have a solid technical plan and still fail if the budget behind it was never built properly, or if nobody is tracking where the money actually goes. Arab British Fellowship Training Academy designed this training course around that practical risk, giving participants a systematic way to build, present and operate a project's financial system rather than just a general introduction to finance theory.

Delivered by an internationally experienced financial group, the course covers budgeting, monitoring, control and reporting, the legal and financial implications of funding agreements, and the soft skills needed to manage unexpected financial challenges. Financial management of development projects, participants learn, is far more than a control function — it shapes whether the project succeeds at all.

Who Should Attend?

• Finance officers and assistants, and project finance officers.
• Administrative and financial assistants, and senior project assistants.
• Expenditure specialists, project accountants and financial control specialists.
• Accounting managers and other managers interested in improving their financial management performance.

Knowledge and Benefits:

After completing the program, participants will be able to master the following:

• Learn the basics, definitions and concepts of project financial management.
• Collect the financial parameters needed to design a project's financial management system.
• Operate that system through budgeting, monitoring, control and reporting.
• Financially close out a project and coordinate effectively with auditors.
• Identify ethical issues and apply soft skills when managing project funding.

Module 1: Building and Presenting a Project Budget

• Creating a project budget and presenting it according to the agreed accounting system.

Module 2: Core Concepts of Project Financial Management

• Basic definitions, concepts, boundaries, impacts and criteria of project financial management.

Module 3: Stakeholders and Funding Agreements

• Identifying the key stakeholders involved in the financial management of a project.
• Understanding the legal, operational and financial implications of financing or funding agreements on execution and reporting.

Module 4: Operating the Project Financial System

• Working with project financial systems in day-to-day practice.
• Stakeholder management, financial data collection and use, handling budget changes, fiduciary risk and financial controls.

Module 5: Designing Bespoke Financial Systems and Digital Tools

• Developing bespoke project financial management systems, identifying computerized solutions, and creating operational manuals.

Module 6: Soft Skills for Navigating Financial Challenges

• Using soft skills and knowledge to understand and manage project-related financial challenges and unforeseen circumstances.

Module 7: Ethics, Auditor Coordination and Continuous Learning

• Identifying ethical issues in project financial management and coordinating effectively with auditors.
• Adopting a lifelong learning paradigm toward project financial management.